Welcome to Varachha Bank

The people of Saurashtra of Western Gujarat have moved away from their rain-starved native to Textile and Diamond city of Surat in search for income generation and survival almost four decades ago. Since then Saurashtrians have considered Surat as their home land. After coming to Surat, some individuals began trading business while majority of them entered into labour front.

In a phased manner, the population of the people, involved in diamond trade, belonging to Saurashtra increased to a sizeable extent in Surat, particularly in the area of Varachha, making it mandatory to have a Bank of their own.

Total Business 2621 Crores

Financial Strength (As on 31/03/2020) Unaudited Data

Share Capital28.23 Crores

Deposits1768 Crores

Working Capital2054 Crores

Reserve Funds167 Crores

Advances853 Crores

Net Profit14.98 Crores

Explore the power of Simpler & Smarter Banking

Varachha Bank provides various kind of Banking Services, Insurance Services and bundle of Digital Banking Services for more easy and convenient banking.

As per RBI guidelines Banks have been advised that they should display the list of unclaimed deposits/inoperative accounts which are inactive / inoperative for ten years or more on their respective websites.